Oak Ridge, NC is a great place to live as the housing median value is $466,900. This is substantially higher than the US House Median Value of $338,100, demonstrating the desirability of this area. Furthermore, the US 1 year House Appreciation rate is 8.27%, while in Oak Ridge, NC it has increased by 17.55%, indicating that property values are rapidly appreciating in this region. All these factors make Oak Ridge, NC a fantastic place to invest in real estate and live a comfortable life.
The median home cost in Oak Ridge is $466,900. Home appreciation the last 10 years has been 85.5%. Home Appreciation in Oak Ridge is up 23.2%.
Average Age of Homes
- The median age of Oak Ridge real estate is 20 years old
The Rental Market in Oak Ridge
- Renters make up 6.8% of the Oak Ridge population
- 0.0% of houses and apartments in Oak Ridge, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.